Woodstock in the News

November 16, 2015

By Sun-Times Editorial Board

A growing number of beleaguered Illinoisans are putting up the titles to their cars to get emergency loans with an average annual interest of 234 percent.

November 16, 2015

By Ellyn Fortino

With the use of risky car title loans on the rise in Illinois, consumer advocates are calling for greater state and federal protections against "abusive auto title lending" that can trap borrowers in long-lasting debt cycles.

 

July 31, 2015

By Elizabeth Peace

A group of advocacy organizations have called on the NCUA to look into potentially predatory loans being offered by for-profit colleges to college students through credit unions.

July 31, 2015

By Dan Weissman 

Homes that are underwater — mortgaged for more than they’re worth — represent a much smaller fraction of the housing market than they did a few years ago, according to a new report from RealtyTrac, a real estate data company. However, some parts of the country are doing much better than others.

July 31, 2015

A new report released by the Woodstock Institute shows that women in the Chicago area are almost 15% less likely to qualify for a mortgage then their male counterparts. This is generated questions across the industry about whether this data could be true for other locations.

July 1, 2015

By Allie Grasgreen

On Wednesday, the Obama administration will begin choking off the financial lifeline of for-profit colleges whose graduates can’t find well-paying jobs — and the move is likely to accelerate a wave of shutdowns for an industry taking assaults from all sides.

June 29, 2015

By Justin da Rosa

According to a report released by the Woodstock Institute Wednesday, women in Chicago are 14.5 percent less likely to qualify for a mortgage than men.

June 29, 2015

By Phil Hall

A new study covering home loan applications in the Chicago metro region points to a disparity between the number of men and women that receive a mortgage. However, the study’s sponsor is not rushing to declare a lethal case of Windy City gender discrimination.

June 23, 2015

Gender-based discrimination is alive and well, and may make it harder for some Chicago women to buy a home.

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